Housing Trends – Pleasanton and Livermore

Looking to sell and or purchase homes in Tri-valley area of San Francisco bay? If so, here are some sample statistics of real numbers directly from mls.

Let’s look at the median price comparison of Pleasanton, Livermore, Dublin, San Ramon and Danville area from year 2013, 2014 and 2015.

As you can see median price has been steadily increasing with Livermore just above $600k and Danville above $1M for year 2015. City of Dublin saw the highest increase in median price at (21.7%), Livermore (20%), Danville (17.5%), Pleasanton (16%) and San Ramon the lowest of (5) cities with (13%) since 2013.

Let’s take a peak at homes sold in Livermore in the month of March 2016. There were (74) homes sold towards to end of the month.

(77%) of the homes sold above the listing price with one home selling for $250k above the asking price! Two other homes sold for almost close to $100k above the listing price. The data suggests that Livermore market is still very active with multiple offers on the table for many homes.

Let’s look at the similar data on homes sold in Pleasanton. There were (62) homes sold in March 2016.

(69%) of the homes sold above the listing price with one home selling for $200k below the asking price! Twenty percent of homes were purchased with all cash. Several homes were sold as high as $50k and $100k above the asking price. As with Livermore market, Pleasanton market is also very active with multiple offers on the table for many homes.

Please call (925-321-5346) or send me a note (waseemsufi@comcast.net) if you are looking for additional details or have any questions.